Sunday, October 31, 2010

BANK OF MAHARASHTRA - www.ashudutt.com

BANK OF MAHARASHTRA - SHORT TERM: STRONG, LONG TERM:STRONG, PREVAILING BIAS: NONE


Bank of Maharashtra's short term and long term charts indicate a strong uptrend. It may however not be a day trade or a 3-4 day trade. If you have it hold it. The trend is intact.



Immediate support is at 75. If you are a day trader, let it go if it goes to 75. Longter term supports at at 60. So it may be best to trade it for 30 day with a stop loss at 75 or at 70

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